You need to be logged in to view this content.
Summary
The past two weeks has seen a sea of change in the talking points of the currency market, as people remain disappointed with US economic data the belief on a June rate hike wavered and with-it what strength the dollar had retained. This week we are once again facing a key forward looking economic figure, the US Non-Farm Payroll results. Beat the consensus and we will likely revive the June rate hike story, fall well short and we may have to think rate action even further than September. Join Mark de la Paz as we discuss how the US Jobs data could dictate broad market themes for the currency markets in the coming weeks.Latest Live Videos
Editors’ Picks
EUR/USD: US Dollar comeback in the makes? Premium
The US Dollar (USD) stands victorious at the end of another week, with the EUR/USD pair trading near a four-week low of 1.1742, while the USD retains its strength despite some discouraging American data released at the end of the week.
Gold: Escalating geopolitical tensions help limit losses Premium
Gold (XAU/USD) struggled to make a decisive move in either direction this week as it quickly recovered above $5,000 after posting losses on Monday and Tuesday.
GBP/USD: Pound Sterling braces for more pain, as 200-day SMA tested Premium
The Pound Sterling (GBP) crashed to its lowest level in a month against the US Dollar (USD), as critical support levels were breached in a data-packed week.
Bitcoin: No recovery in sight
Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.
US Dollar: Tariffed. Now What? Premium
The US Dollar (USD) reversed its previous week’s decline, managing to stage a meaningful rebound and retesting the area just above the 98.00 barrier when tracked by the US Dollar Index (DXY).
Week ahead – Markets brace for heightened volatility as event risk dominates:
Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness.